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Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise
Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise

Yahoo

time5 days ago

  • Business
  • Yahoo

Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise

Fart-powered joke tokens suddenly weren't so funny for crypto traders on Tuesday. A basket of the largest ecosystem tokens faded from recent highs after Blockworks reported the Solana-based launchpad is pitching a $1 billion token sale that would value the project at roughly $4 billion. Sources told Blockworks the sale could close within weeks, though details on tokenomics remain launched on the platform slipped amid the news. Fartcoin (FARTCOIN), the largest Pump-launched token by market capitalization, dropped 7%. Peanut the Squirrel (PNUT), Moo Deng (MOODENG) and Goatseus Maximus (GOAT) gave back as much as 6%, while Alchemist AI (ALCH) — the big gainer on Monday — flipped red after an early 25% pop. The moves wiped about $150 million in aggregate value, trimming but not erasing the sector's outsized weekly gains. A billion-dollar raise means a new Pump token and, potentially, a fresh supply. Even if the deal channels cash back to users later, traders worry about a flood of 'farm-and-dump' flows hitting the very memecoins the platform helped create. Deeper concerns, however, spread across crypto circles on X as developers and traders questioned the need of a mammoth fundraise. 'Why does pump need to raise 1bn tho? how is it gonna invest that for growth if it already has made 675m and hasnt spent that either what are they planning to do with 1bn?,' DeFiLlama founder @0xngmi wrote. 'The Pump guys went through an accelerator, raised a small round, then proceeded to make almost a BILLION in revenue in 1 year and got a 4B valuation to raise another 1B,' said Mert Mumtaz, founder at Helius, 'Those are simply insane numbers in an insane amount of time.' Only three weeks ago tried to sweeten the pot users looking to issue tokens using the platform by handing 50% of PumpSwap fees — or five basis points of every trade — straight to token creators. At the time, founder Alon Cohen pitched the change as a way to eliminate rinse-and-dump behavior: If developers earn recurring fees, they don't have to dump their own coin on the community. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again
HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again

Cision Canada

time15-05-2025

  • Business
  • Cision Canada

HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again

SINGAPORE, May 15, 2025 /CNW/ -- As Bitcoin surged back above $100,000, the crypto market saw a notable resurgence in trading activity and investor enthusiasm over the past week. On HTX, several trending tokens—spanning Solana Memecoins, Ethereum Memes, AI, and Restaking sectors—recorded sharp gains and significant trading volume from May 6 to May 12. Below are the recently standout tokens based on 7-day performance: Solana Meme Sector MOODENG (+521%) Inspired by the viral pygmy hippopotamus "Moo Deng" in Thailand, this token combined community-driven buzz and the surging popularity of Solana Meme coins to become the week's most impressive gainer, skyrocketing over fivefold. For details, please read: What is MOODENG? GOAT (+164%) As the First meme coin created by truth_terminal, GOAT is inspired by a notorious internet meme and becomes a symbol of the AI's capacity for randomness, disruption, and memetic influence. Positioned at the intersection of AI and meme culture, GOAT quickly captured market attention with over $200 million in trading volume just days after its launch. For details, please read: What is GOAT? PNUT (+147%) PNUT pays tribute to Peanut the Squirrel, which was taken away by NYSDEC and euthanised. It blends political satire with meme culture, gaining further attention after Elon Musk reposted related content on X, driving strong community engagement. For details, please read: What is PNUT? GRIFFAIN (+78%) Griffain is a blockchain-based AI platform designed to operate within the Solana ecosystem. The project focuses on creating a robust and scalable DeFi solution that supports seamless token swaps, liquidity provision, and ecosystem growth. It aims to empower users with efficient tools for trading and managing digital assets while maintaining transparency and decentralization as core principles. For details, please read: What is GRIFFAIN? Ethereum Meme Sector NEIRO (+104%) NEIRO is the Shiba Inu who has gained popularity on social media, similar to Kabosu (DOGE). As a retro-style Ethereum meme token, NEIRO taps into nostalgia with classic meme aesthetics and narrative playbooks. Its rapid rise last week signals renewed interest in vintage meme formats. For details, please read: What is NEIRO? PEPE (+80%) PEPE leverages the cultural significance of the meme, positioning itself in the meme coin market alongside Dogecoin and Shiba Inu. It has no intrinsic utility beyond speculative trading, with its rapid rise fueled by social media, exchange listings, and the overall meme coin trend. The token's resurgence affirms its solid community foundation and lasting appeal. For details, please read: What is PEPE? DEGEN (+161%) Degen started as a meme token on the BASE chain for rewarding participants in the Farcaster Degen channel but gained quite some attention due to its performance in the secondary market. For details, please read: What is DEGEN? AI & Restaking Sectors KAITO (+113%) KAITO is the native token and the fundamental building block of the AI-powered InfoFi network. It helps shape the direction of the ecosystem by influencing how attention is allocated across the network. For details, please read: What is KAITO? ETHFI (+98%) ETHFI is the token of which is a non-custodial liquidity staking protocol that allows stakers to maintain control over their private keys, thereby ensuring the security and autonomy of their assets. For details, please read: What is ETHFI? *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

Justice for Peanut Bill
Justice for Peanut Bill

Fox News

time10-04-2025

  • Politics
  • Fox News

Justice for Peanut Bill

Remember the unjust and tragic murder of Peanut the Squirrel? Well NY Republicans are working to make sure it never happens again. I'm Tomi Lahren, more next. Late last fall social media sensation, Peanut the Squirrel, was unjustly and tragically ripped from his owner by New York State environmental officials and euthanized, for no apparent reason whatsoever. Well New York Republicans have introduced a bill to make sure that kind of thing never happens to another innocent pet again. The bill titled 'Peanut's Law: The Humane Animal Protection Act,' would mandate a 72-hour waiting period before the Department of Environmental Conservation can euthanize any seized animal. It would also give the animal's owners a hearing before the state takes or puts down their beloved animal. This should be bipartisan and I hope Democrats in NY will jump on board. With all the problems in that state, why in the heck should taxpayer money and resources be afforded to environmental department tyrants to go confiscate pets and put them down. Peanut never hurt anybody and with the passage of this bill, his legacy will live on! I'm Tomi Lahren and you watch my show 'Tomi Lahren is Fearless' at Learn more about your ad choices. Visit

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